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Driverless cars worse at detecting kids, dark-skinned individuals on street: Study

Driverless cars worse at detecting kids, dark-skinned individuals on street: Study

by AIP Online Bureau | Aug 25, 2023 | Facts, Risk Management, Technology

“Autonomous driving systems are on track to become the predominant mode of transportation in the future. However, these systems are susceptible to software bugs, which can potentially result in severe injuries or even fatalities for both pedestrians and...
Regulations mandating doctors to prescribe generic drugs put on hold

Regulations mandating doctors to prescribe generic drugs put on hold

by AIP Online Bureau | Aug 25, 2023 | Health, Indian News, Policy

The regulations made it mandatory for doctors to prescribe only generic drugs and barred them from accepting gifts from pharma companies or endorsing any drug brands New Delhi: The newly-notified Registered Medical Practitioner (Professional Conduct) Regulations,...
Highly mutated COVID variant found in new countries but pandemic in ‘a different phase’

Highly mutated COVID variant found in new countries but pandemic in ‘a different phase’

by AIP Online Bureau | Aug 25, 2023 | Eco/Invest/Demography, International News, Non-Life, Pandemic

It appears that current tests and medications remain effective against BA.2.86, although the variant may be more capable of causing infection in vaccinated people and those who have had COVID previously, the assessment said. There is no evidence yet that it is causing...

Global reinsurers pull back from natural catastrophe cover, says Fitch

by AIP Online Bureau | Aug 24, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Natural catastrophe business has become largely loss-making in recent years as prices have failed to keep pace with increasingly frequent, severe and volatile weather-related losses due to climate change. This has reduced reinsurers’ appetite to provide natural...

First time in 4 years, MFIs overtake banks in microlending with 40 pc share

by AIP Online Bureau | Aug 24, 2023 | Banking & Bancassurance, Data, Eco/Invest/Demography

Given the inherent nature of the MFI asset class, these lenders are prone to event-based risks such as political, geographical uncertainties and are susceptible to natural calamities, Care Ratings said After a gap of four years, standalone MFIs overtook banks in...
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